Francisco is a landlord who owns several rental homes. One all-brick home in
the suburbs is worth $150,000. Because the renters insure their own
belongings, what is the amount Francisco pays for property insurance per
year?
property insurance per
Wood
Contents Building Contents
Annual Premium per $100 of coverage
Brick
Steel
Mixed
Area
Building Contents Building Contents Building
rating
City 0.39 0.43 0.5 0.54 0.55
Suburb 0.45 0.52 0.56 0.63 0.72
Rural 0.6 10.69 0.71 0.8 0.89
his Building Contents
0.65
0.74
0.91
0.66
0.83
0.76
0.85
.02
1
1
O A. $673.50
O
B. $675.00
O
C. $950.00
O
D. $978.65